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Oil increases above $48 a barrel despite growing oversupply risks

2015-01-21 01:00:00| Offshore Technology

The price of Brent crude oil increased above $48 a barrel today despite analysts warning of dim outlook due to oversupply and rising inventories.

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Brent crude oil increases to around $50 a barrel

2015-01-16 01:00:00| Offshore Technology

The price of Brent crude oil increased to around $50 a barrel on Friday after the West's energy watchdog prediction that the downward tendency of the market could end.

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Oil increases above $62 a barrel

2014-12-22 01:00:00| Offshore Technology

The price of oil increased above $62 a barrel on Monday as analysts predict Brent to remain above $60 for the rest of this year.

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Oil increases above $62 a barrel as more energy companies cut investments

2014-12-18 01:00:00| Offshore Technology

The price of Brent crude oil increased 2% to above $62 a barrel on Thursday as more energy companies cut investments worldwide.

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Oil increases towards $80 amid increased OPEC output cut expectations

2014-11-21 01:00:00| Offshore Technology

Brent crude oil increased towards $80 a barrel today on strong US oil consumer data and increased expectations of a production cut by the OPEC at its meeting next week.

Tags: increased cut oil output

 

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